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Resources for Nonprofit Directors

What Nonprofits Need To Know About Community Foundations! [Video]

What Nonprofits Need To Know About Community Foundations!

This Show episode looks into the mysteries of Community Foundations, one of the most impactful philanthropic structures in the US. Featuring Jill McElroy, a philanthropic advisor at the Arizona Community Foundation, this discussion uncovers the ins and outs of building strong relationships with Community Foundations.

As someone who transitioned from the nonprofit sector, Jill offers unique insights into understanding the Community Foundation landscape. She emphasizes that these foundations are not only funders but essential partners for nonprofits in various capacities. The episode provides a comprehensive overview of how Community Foundations operate within the philanthropic ecosystem, their various types of funds, services offered, and the vital role they play in supporting nonprofits.

Jill and Julia also explore the dynamics of donor-advised funds, nonprofit funds, and fiscal sponsorship provided by Community Foundations. They emphasize the importance of effective communication, transparency, and education for nonprofits seeking to engage with Community Foundations. By sharing real-life anecdotes and practical advice, this conversation aims to demystify the Community Foundation system and empower nonprofits to forge meaningful connections with these impactful institutions.

Discover how Community Foundations can become invaluable allies for nonprofit organizations, offering resources, expertise, and support that contribute to the growth and success of the nonprofit sector. Watch this episode to gain a clearer understanding of Community Foundations and learn how to navigate these relationships to benefit your nonprofit’s mission.

You can also listen to the show on your favorite podcast channel. Additionally, the American Nonprofit Academy provides news, inspiration, and training for the nonprofit and social impact community.

#fundraising #nonprofit #socialimpact

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Categories
Resources for Nonprofit Directors

Nonprofit's Questions of the Week [Video]

A lively talk about maintaining a culture of philanthropy within nonprofits, covering the importance of communication, transparency, and ethical practice in all fundraising efforts. This engaging Ask & Answer episode highlights the evolving nature of nonprofit fundraising and the ongoing commitment to ethical practices within the sector. Jack Alotto, a seasoned expert in nonprofit fundraising, shares his enthusiasm about the increasing participation in his CFRE (Certified Fundraising Executive) training programs, noting that the numbers remain high with classes reaching around 170 participants. He describes a new initiative tailored for Muslim-affiliated nonprofits, reflecting the inclusive approach of the training sessions. This enjoyable learning episode focuses mainly on the ethical dilemmas fundraisers often face. Jack emphasizes the importance of adhering to ethical standards, especially when dealing with competitive situations between nonprofits, advising against disparaging other organizations, stressing that the goal should be to enhance the entire community's well-being rather than focusing solely on individual success. This approach aligns with the AFP (Association of Fundraising Professionals) code of ethics, which promotes integrity and respect among fundraising professionals. One of Jack's statements from the episode encapsulates his philosophy on this issue: "I am reluctant to engage in a conversation which would disparage another nonprofit... we should continue to talk about the benefits of giving to our organization and the importance of making a gift to advance our mission. It's OK if they also want to give to another organization doing similar work. It just makes the whole community much better." With input from host Julia Patrick, the episode explores the role of ethics in donor relations, with Jack advocating for the inclusion of the AFP code of ethics in donor packets to educate and align expectations with donors.#fundraisingethics #nonprofitfundraising #nonprofitmanagement

Categories
Resources for Nonprofit Directors

Charities webinar - Contract exposure: managing risks in legally binding agreements [Video]

On Wednesday 11 May, Edward Bouckley delivered the next webinar in our charities bite size series. In the webinar Edward looked at some of the key aspects of managing risk when entering into commercial contracts. He discussed:• What risk management is.• What risk is and why properly managing it is so important to charities.• Some of the ways risks can be managed in contacts.Edward also looked at some of the steps that you can take to better protect your charity when entering into contractual arrangements.Here are the timestamps to help guide you through this webinar:0:52 Birketts at a glance1:18 What we will cover today2:09 What is risk management?3:07 What is risk and why is it important?3:59 Contractual risk5:58 Identifying risk10:05 Written contracts11:34 Assessing Risk13:10 The danger of "pre-contractual" agreements14:27 A cautionary tale16:21 Rights and obligations17:51 Risk - allocating and controlling18:48 Transferring risk: indemnities20:00 Controlling risk: limitation of liability21:29 Practical tips23:18 QuestionsThe webinar ended with a Q&A. Disclaimer: The content of this webinar is for general information only. It is not, and should not be taken as, legal advice. If you require any further information in relation to this webinar please contact us in the first instance. Law covered as at May 2022. Meet our expert, Edward Bouckley: https://www.birketts.co.uk/our-lawyers/norwich/edward-bouckleyContact us at: https://www.birketts.co.uk/contact-usSign up to future webinars: https://www.birketts.co.uk/events​​​​ To ensure that you are invited to future webinars and receive our newsletters please opt in to our mailing lists and select the appropriate areas of interest. https://www.birketts.co.uk/register